OS X needs a binary installer for python 3.2.
Warning: please back up your machine before trying this binary out. Note that it writes over your /Library/Framework/SDL* libs if you have any, and maybe accidentally it does other stuff to.
I made a binary here: http://rene.f0o.com/~rene/pygame-1.9.2pre-py3.2-macosx10.7.mpkg.zip
Had to first port bdist_mpkg to python3.2... so there may be problems.